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 (Copy)
Illinois country grain prices were
higher on Thursday afternoon. Corn moved higher over concerns of
dry weather in northeastern China and colder weather in
Illinois. Argentina lowered its corn production estimate, giving
additional support to corn values. Soybean prices followed corn
higher.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 18 to 22 cents higher at 6.04-6.15. Soybean
bids traded 7 to 9 cents higher at 13.90-14.02.
In Central Illinois country grain dealers quoted shelled corn
bids were 18 to 21 cents higher at 6.14-6.29. Soybean bids were
8 to 10 cents higher at 13.92-14.05.
In the Southern part of the state, shelled corn bids were 18 to
22 cents higher at 6.23-6.45. Soybean bids were 8 to 12 cents
higher at 14.02-14.22. Wheat bids were 14 to 19 cents higher at
6.04-6.26.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Thursday
are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
| NORTHERN |
6.04 - 6.11 |
13.90 - 13.96 |
|
| WESTERN |
6.07 - 6.15 |
13.91 - 14.02 |
|
| N. CENT. |
6.14 - 6.20 |
13.92 - 14.00 |
|
| S. CENTRAL |
6.21 - 6.29 |
13.93 - 14.05 |
|
| WABASH |
6.28 - 6.37 |
14.02 - 14.07 |
6.04 - 6.15 |
| W.S. WEST |
6.23 - 6.27 |
14.06 - 14.17 |
6.16 - 6.26 |
| L. EGYPT |
6.35 - 6.45 |
14.06 - 14.22 |
6.11 - 6.22 |
Central Illinois average price
Corn: 6.21 1/2 (+ 1/2 K)
Soybeans: 13.98 1/2 (-17 1/2K)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
| NORTHERN |
4.99 - 5.11 |
12.93 - 13.06 |
|
| WESTERN |
4.96 - 5.06 |
12.95 - 13.07 |
|
| N. CENT. |
5.04 - 5.13 |
13.03 - 13.12 |
|
| S. CENTRAL |
5.06 - 5.14 |
12.97 - 13.11 |
|
| WABASH |
5.12 - 5.22 |
13.05 - 13.13 |
6.04 - 6.08 |
| W.S. WEST |
5.10 - 5.17 |
13.06 - 13.20 |
6.23 - 6.34 |
|
L. EGYPT |
5.21 - 5.23 |
12.98 - 13.13 |
6.05 - 6.21 |
***June/July 2012 Delivery
Cent. Ill. Average Price at Country
Elevators
| Week of |
4/12/2012 |
4/5/2012 |
| |
Price Basis |
Price Basis |
| Corn |
6.38 + 1/2 K |
6.58 1/2 Opt K |
| Soybeans |
14.17 -17 1/2 K |
14.17 -17 K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield]
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